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The Economics of a Small VC Fund

This is going to be BIG.

management fee. Most larger funds have a fee around 2%, but when you''re this small, you need a little bit extra to keep the lights on. It''s only a little bit of a performance drag, though, because management fees act like a loan. Legal is lumpy. Here''s how it plays out: I have a 2.5% That''s a big help.

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eXp World (EXPI) Q1 2024 Earnings Call Transcript

The Motley Fool

aNPS helps us at the management team understand where we can improve and where we can focus our resources. General and administrative expenses were $63 million, up 15% over the first quarter of 2023, primarily due to increased transaction volume, an effort to improve our NPS, coupled with higher severance and legal expenses.